The unemployment rate in Malta decreased to 3.4 percent in the third quarter 2019 from a downwardly revised 3.6 percent in the same period of the previous year. The number of unemployed fell by 216 to 8,879 while employed increased by 10,955 to 255,297. Meantime, the activity rate rose to 76.4 percent from 76.1 percent a year earlier and the employment rate went up to 73.7 percent from 73.3 percent. Unemployment Rate in Malta averaged 6.11 percent from 2001 until 2019, reaching an all time high of 8.24 percent in the third quarter of 2003 and a record low of 3.40 percent in the second quarter of 2019.

Unemployment Rate in Malta is expected to be 3.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Malta to stand at 3.20 in 12 months time. In the long-term, the Malta Unemployment Rate is projected to trend around 3.00 percent in 2020, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Malta Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.40 3.40 8.24 3.40 2001 - 2019 percent Quarterly



Calendar GMT Actual Previous Consensus TEForecast
2019-03-25 10:00 AM Q4 3.5% 3.7% 3.5%
2019-06-27 09:00 AM Q1 3.5% 3.5% 4.3%
2019-09-30 09:00 AM Q2 3.4% 3.5% 3.7%
2019-12-23 11:25 AM Q3 3.4% 3.4% 3.7%
2020-03-26 10:00 AM Q4 3.4% 3.40%


News Stream
2019-09-30
Malta Jobless Rate Falls to 3.4% in Q2
The unemployment rate in Malta decreased to 3.4 percent in the second quarter of 2019 from a downwardly revised 3.7 percent in the same period of the previous year. The number of unemployed fell by 223 to 8,815 while employed increased by 16,468 to 251,700, mostly in full-time jobs (up 15,213 to 217,843). Unemployment rose among people aged 15-24 years to 9.1 percent from 8.4 percent in Q2 2018 but decreased in the 25-74 age group to 2.7 percent from 3.1 percent a year ago. Meantime, the activity rate rose to 67 percent from 63.3 percent a year earlier and the employment rate went up to 64.6 percent from 61.1 percent in the corresponding period of 2018.

2019-06-27
Malta Jobless Rate Falls to 3.5% in Q1
The unemployment rate in Malta fell to 3.5 percent in the first quarter of 2019 from 3.9 percent in the same period of the previous year. The number of unemployed dropped by 358 to 8,853 while employed increased by 14,917 to 241,468. By genders, the jobless rate was lower for men (3.4 percent vs 3.9 percent in Q1 2018) than for women (3.8 percent vs 3.9 percent). Meantime, the activity rate went up to 74.9 percent from 72.6 percent a year earlier, with the highest rate being recorded among people aged 25-54 (86.7 percent). The employment rate rose to 72.2 percent from 69.7 percent in the corresponding period of 2018.

2019-03-25
Malta Jobless Rate Falls to Record Low of 3.5% in Q4
The unemployment rate in Malta fell to 3.5 percent in the fourth quarter of 2018 from 4.0 percent in the same period of the previous year. It was the lowest jobless rate since at least the first quarter of 2001, as the number of unemployed declined by 724 to 8,713 and employed rose by 12,260 to 239,427. By genders, the jobless rate was lower for women (3.4 percent vs 4.0 percent in Q4 2017) than for men (3.6 percent vs 4.0 percent). Meantime, the activity rate went up to 75.0 percent from 73.5 percent a year earlier, with the highest rate being recorded among people aged 25-54 (85.9 percent). Thus, the employment rate increased to 72.3 percent from 70.5 percent in the corresponding period of 2017.


Malta Unemployment Rate
In Malta, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.

Malta Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.40 3.40 8.24 3.40 percent [+]
Employed Persons 219375.00 217315.00 219375.00 128206.00 [+]
Unemployed Persons 1666.00 1668.00 8830.00 1616.00 [+]
Long Term Unemployment Rate 0.80 0.70 3.90 0.70 percent [+]
Youth Unemployment Rate 10.90 9.70 19.90 8.00 percent [+]
Labour Costs 97.16 107.03 111.76 64.45 points [+]
Wages 20032.52 19483.57 20032.52 10937.85 EUR/Year [+]
Minimum Wages 761.97 761.97 761.97 464.93 EUR/Month [+]
Population 0.48 0.46 0.48 0.30 Million [+]
Retirement Age Women 62.00 62.00 62.00 60.00 [+]
Retirement Age Men 62.00 62.00 62.00 61.00 [+]
Part Time Employment 30.40 29.60 32.00 8.60 Thousand [+]
Productivity 131.10 117.80 133.00 76.70 points [+]
Labor Force Participation Rate 61.40 60.90 61.40 48.40 percent [+]
Full Time Employment 219.20 215.90 219.20 132.80 Thousand [+]
Employment Change 0.80 1.50 2.60 -1.40 percent [+]
Employment Rate 73.70 73.10 73.70 53.00 percent [+]